Ivorian health-tech startup Susu has raised €2 million ($2.2 million) in a pre-seed funding round with angel investors. Part of the funding was also raised as debt, and grant
Nigerian financial service startup Sudo Africa has secured $3.7 million in pre-seed funding. Sudo Africa is a card issuing API platform, that enables developers and businesses to issue physical
Kenyan e-commerce startup Cartnshop has raised $400,000 in its first funding round to accelerate commercialization operations in the coming months.
Cartnshop is a tech-enabled platform that allows retail businesses
Egyptian logistics provider startup, Milezmore has raised $5 million from the social commerce platform, Brimore in a pre-seed funding round.
Milezmore is a cutting-edge, cost-efficient, tech-enabled logistics solutions platform that
South Africa’s leading consumer brand Silvertree Brands, has acquired food tech meal kit delivery startup UCOOK in a deal worth ZAR 187 million ($12.3 million).
The South African
Four African startups have been selected to participate in the 10th fintech cohort of the Catalyst Fund, a global inclusive tech accelerator managed by BFA Capital.
The African startups in
Egypt-based logistics startup, OneOrder, has successfully raised $1 million in a fundraising round to resolve supply chain inefficiencies for restaurants in Egypt. VC firm A15 led the fundraising round.
OneOrder
Kenyan financial infrastructure startup Credrails will close a deal worth $2.5 million in a seed funding round to connect Africa to its API.
The seed funding round was led
Leading Egyptian e-payment solution provider, Fawry, has announced that it has signed an agreement with Samer Gharaibeh, Softec Technologies, and Ammar Zawaideh to co-found Roaderz, a tech-enabled crowdsourcing platform to
South African startup Zindi, has secured $1 million in a seed funding round to aid the expansion of its network of data scientists.
The seed funding round had four investors,
Nigerian fintech startup, Earnipay, has raised $4 million in seed funding to provide salary solutions to employees.
The seed round was led by venture capital firm Canaan, with participation from
In 2021, African startups raised over $4 billion in venture capital, with seven tech startups becoming unicorns, a meteoric rise from 2019 and 2020. This success for startups became a
